What’s Next for XRP Price as 335 Million Coins Flood Exchanges and ETF Demand Weakens?

Highlights XRP price tests the support level at $1 despite an increase in selling pressure. Institutional demand for XRP has weakened as XRP ETFs record zero inflows since October 29. XRP faces a dip to $0.65 if selling pressure persists or a recovery to $1.36 if buying pressure returns. Ripple (XRP) price was down 0.8% at the time of writing to trade at $1.01 at the time of writing. Trading volumes were also up by 26% to $2.46 billion per CoinMarketCap, with this surge likely coming from sellers.